SAUDI ARABIA

Shoura approves VAT law

July 13, 2017



RIYADH – The Shoura Council on Wednesday approved the draft Value Added Tax (VAT) law. It also stressed the need for activating the uniform program for Citizens Account prior to implementing VAT.

Yahya Al-Samaan, assistant president of the Council, said that the Council took the decision after listening to the report of the financial committee on VAT, read out by its chairman Osama Al-Rabiah.

He said that the draft law is in line with the provisions of the uniform agreement, signed by the Gulf Cooperation Council (GCC) states to implement VAT.


July 13, 2017
1721 views
HIGHLIGHTS
SAUDI ARABIA
hour ago

Surveillance cameras must for mobile vending carts

SAUDI ARABIA
2 hours ago

Saudi authorities arrest 37 in drug trafficking case involving government staff

SAUDI ARABIA
3 hours ago

Over 80,000 commercial registrations issued in 2Q 2025, bringing total to 1.7 million